All articles tagged with #nba salary cap
Stephen Curry has signed a two-year contract extension with the Golden State Warriors, accepting a salary reduction of approximately $20 million to create cap space for the team. The deal includes a player option for the 2028-29 season, allowing Curry to remain in San Francisco while potentially helping the franchise acquire additional talent.
Negotiations between the New York Knicks and Karl-Anthony Towns have stalled ahead of training camp, with a deal now considered unlikely before the season begins. The Knicks are pushing Towns to accept a significant pay cut from his max extension of four years and $277 million to avoid the second apron tax. This move is necessary to preserve cap space for upcoming extensions for Jalen Brunson, Josh Hart, and OG Anunoby. While both sides remain in cordial contact, the impasse highlights the tension between maintaining a championship core and adhering to strict financial mandates set by owner James Dolan.
Stephen Curry is delaying his contract extension with the Golden State Warriors to determine if taking less than the maximum salary would provide the team enough cap space to acquire a star player. While Curry has confirmed he wants to finish his career in San Francisco, he is waiting for a concrete plan from the front office that justifies a financial haircut. This decision could unlock over $50 million in cap space, allowing the Warriors to pursue high-profile targets like Nikola Jokic or Anthony Edwards at the February trade deadline.
The NBA found the Los Angeles Clippers guilty of salary-cap circumvention related to Kawhi Leonard’s endorsement deals, delivering the largest punishment in league history; fans express betrayal and frustration as the team disputes the findings and prepares for arbitration, while a Leonard-related trade looms in the background.
Daktronics, a familiar swimming-brand timing and scoreboard company, is cited in a Kawhi Leonard–related NBA scandal centered on alleged undisclosed sponsorships meant to skirt the salary cap, including a $100 million halo board at the Clippers’ Intuit Dome. The NBA has been investigating for 11 months; Daktronics is a NASDAQ-listed company with about $1B market cap and $756.6M in sales in 2025.
The Oklahoma City Thunder reached a three-year, $75 million extension with Isaiah Hartenstein, keeping him in OKC through the 2028-29 season for a total of about $134 million with the franchise and a mutual option for 2028. The deal includes a 15% trade kicker, comes as OKC navigates a high-payroll and second-apron constraints with Shai Gilgeous-Alexander, Chet Holmgren, and Jalen Williams on max deals, and follows Hartenstein’s strong 2024-25 seasons in which he averaged around 11 points and 10 rebounds.
Collin Gillespie agreed to a four-year, $48 million contract with the Phoenix Suns, providing a cap-friendly benchmark that could limit the Lakers’ offer to Luke Kennard, who is seeking a long-term contract after earning $11 million in 2025-26. The deal mirrors the Lakers’ Vanderbilt extension in structure, giving LA leverage by showing market reality on long-term payouts, as Kennard remains a high-volume shooter and playmaker but the Suns’ pact suggests the four-year, $48 million target may be too rich for the Lakers to justify.
Lakers guard Austin Reaves is expected to decline his 2026/27 option and enter unrestricted free agency, with reps likely pursuing a max deal. Rival cap-space teams such as the Bulls or Nets could drive his value toward a five-year max (near $239M), though some estimates point to around $200M; the Lakers could hold leverage if bidding is tepid. Reaves has indicated a desire to stay in L.A. if the terms make sense, and his strong 2025/26 production (23.3 PPG on efficient shooting) underpins the market despite health misses.
LeBron James’s future is unsettled and the Cavaliers are a real option, but cap reality looms: to offer more than a minimum without triggering the league’s apron constraints, Cleveland would need to shed salary (e.g., Max Strus or Dennis Schröder) or pursue a sign-and-trade to stay under the second apron (and possibly the first). Donovan Mitchell has signaled willingness to team with LeBron, but the Cavs would have to make substantial financial moves for a reunion, leaving the decision to how much LeBron is willing to sacrifice financially for one final title run in Cleveland.
The Warriors waived Seth Curry just before the season to manage salary cap constraints, with plans for him to rejoin the team later in the season once financial conditions allow, marking the first time the Curry brothers would be teammates in the NBA.
Steve Ballmer made a second $10 million investment into Aspiration, a failing company linked to Kawhi Leonard's endorsement deal, amid ongoing NBA investigations into potential salary cap circumvention and financial misconduct involving the Clippers and Leonard.
The Los Angeles Clippers are embroiled in a scandal after reports emerged that they may have circumvented the NBA salary cap by paying Kawhi Leonard $28 million through a potentially fraudulent endorsement deal.
The NBA is investigating the Los Angeles Clippers over allegations that they used a sponsorship deal to circumvent salary cap rules by paying Kawhi Leonard millions of dollars without proper contractual disclosure, which could lead to severe penalties if proven true. The investigation is ongoing, and the league is examining evidence to determine the extent of the alleged misconduct.
The Los Angeles Clippers nearly awarded arena naming rights to the fraudulent company Aspiration Partners in 2021, but ultimately chose Intuit. Aspiration, which went bankrupt and is linked to fraud involving Kawhi Leonard and Clippers owner Steve Ballmer, is under investigation by the NBA for potentially circumventing salary cap rules through a $28 million endorsement deal with Leonard. Ballmer denies involvement in any wrongdoing, emphasizing that the team followed NBA rules, and welcomes the investigation.
The Los Angeles Times reports allegations that Kawhi Leonard received $21 million from Aspiration Partners in a way that may have circumvented NBA salary cap rules, prompting an NBA investigation. The case involves complex financial dealings, potential violations of league rules, and the bankruptcy of Aspiration, with ongoing questions about the legality and transparency of Leonard's payments.